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...But if they sell a better car that also undercuts the west, it’s impossible to catch up. peter.campbell@ft.com...
...the Chinese auto groups....
...“To work together to give them exposure to the west.”...
...In Hefei, west of Shanghai, a factory owned by Nio demonstrates this challenge....
...Tu Le, founder of Sino Auto Insights, said the US still led China in several of the technologies underpinning key areas of autonomous driving including machine learning and sensors....
...The company is also working with Singapore-based FEST Auto to sell EVs to the European logistics market....
...BYD, which is also one of the world’s biggest EV battery makers, is aggressively expanding overseas at a time of rising protectionism in the west against products made in China....
...The company established bus factories in Lancaster, southern California, in 2013, and in Komárom, north-west Hungary in 2017....
...If EV sales continue to accelerate — and tricky problems such as charging stations are addressed — then EV sales could comprise 62 to 86 per cent of auto sales globally by 2030, RMI says....
...UAW president Shawn Fain has repeatedly said the shift to electric vehicles, which currently comprise about 8 per cent of new car sales, must be “a just transition” that “does not leave workers behind”....
...of Beijing-based advisory company Sino Auto Insights....
...Chinese EV companies have an extensive home market, which even European auto giants, notably German ones, depend on....
...But Japan’s auto giants are not the only ones working on this “game-changing” innovation....
...Most notably, BYD is now the world’s biggest EV maker, and China the biggest auto exporter....
...For now, enjoy the sunshine. (Armstrong & Wu) One good read Marc Andreessen is not so much a techno-optimist as a reactionary futurist....
...Its industry has capitalised on the experience of joint ventures that international auto groups were required to form, while simultaneously placing significant bets on electric batteries....
...But you can pick apart any data release that you want, whether it is non-farm payrolls or inflation or retail sales or something like auto loans and household debt and all that stuff....
...We chat with the head chef, Richard Cox, from the West Country in England....
...“Look at the NIOs, BYDs, Xpengs that are on sale in Europe, they are not cheap,” says Lei Xing, an independent Chinese auto expert....
...The company would have to lock in power sales at about today’s spot price of €93 per MW hour to make the project economic, analysts estimate....
...While ESG has been mired in political attacks from US Republicans, climate sales are unscathed....
...Putin meanwhile remains bullish, ramping up his military rhetoric this week, saying Russia was “prepared” for nuclear war if the west threatened its sovereignty....
...Analysts expect the west African country’s output for the coming season to be down by about 15 per cent....
...“In the automotive space, not everyone can win,” and right now, it is “the Wild West out there”....
...Edward White The key thing really is less about Tesla versus BYD, but it’s actually about BYD and Tesla versus the rest of the auto industry....
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